Loss of Use Exposure under CGL Form?
Q
There is a gray area in terms of property in the care, custody, or control of a commercial general liability insured that we have not seen addressed. Namely, property damage liability for such property is excluded, but what about liability for loss of use? Suppose I have a piece of your equipment in my shop for repair and I break it. Instead of being interrupted for a day, as you had planned, your processes are now going down for a week while a new piece is located and brought into your operation. Will my CGL policy cover me for this loss of use exposure?
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